When you deposit a $50 bill in the Security Pacific National Bank

A) its liabilities decrease by $50.
B) its assets increase by $50.
C) its reserves decrease by $50.
D) its cash items in the process of collection increase by $50.


B

Economics

You might also like to view...

The Federal Reserve discount rate is the rate of interest charged on loans from ________ to ________.

A. the U.S. Treasury; commercial banks B. commercial banks; the Federal Reserve C. the Federal Reserve; commercial banks D. the Federal Reserve; the U.S. Treasury

Economics

Every financial market has the following characteristic

A) It determines the level of interest rates. B) It allows common stock to be traded. C) It allows loans to be made. D) It channels funds from lenders-savers to borrowers-spenders.

Economics

Which of the following basic economic concepts most clearly provides the foundation for the long-run aggregate supply curve?

a. the law of demand b. the production possibilities curve c. the law of comparative advantage d. the law of diminishing marginal utility

Economics

ukraine is a major producer of wheat, and exports much of its wheat to europe. if ukraine no longer is able to export to europe, consider the european market for wheat: indicate whether there is a shift in supply or demand in the european market

What will be an ideal response?

Economics